The director may require that any advertising or sales material for use in the sale or the presentation for sale of any legal insurance contract be approved by him. Ten days after written demand from the director, the corporation shall provide the advertising or sales material to the department. The director shall disapprove the material should he determine that it is in whole or in part false, deceptive or misleading and shall notify the corporation of his disapproval within thirty days of receipt of the material.

Terms Used In Arizona Laws 20-1097.08

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • corporation: means any corporation organized for the purpose of selling prepaid legal insurance contracts in this state or any insurer licensed pursuant to this title. See Arizona Laws 20-1097
  • department: means the department of insurance and financial institutions. See Arizona Laws 20-101
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